Listing Agency: Olsick Realty, Inc.

Listed By: Timothy Olsick · License #471013075 Show Phone

Source: Compass

Added: Jun 8, 2025 Changed: Oct 21 Last Checked: Oct 23 at 10:32AM

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Investment Insights

Based on property information with market context.

This site presents a development opportunity as the last vacant multi-family parcel in the Laurel Glen Subdivision. It is approved for a 10-unit residential condo building. The location offers proximity to shopping, schools, and expressways. The lot dimensions are approximate. The site may also be suitable for an apartment building development.

Key Highlights

• Approved for a 10‑unit residential condo building.
• Last vacant multi‑family parcel in the Laurel Glen Subdivision.
• Ready for development.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Big Box & Wholesale Store Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306

Businesses Nearby

Explore this area Business Placement

Demographics for 60463, IL

14,048

Population

5,501

Households

2.6

Avg Household Size

52

Median Age

41%

College-Educated

97%

High-School Grad

5.3 sq mi

ZIP Area

2,651

Density / Sq Mi

$105,389

Median Household Income

$64,885

Median Earnings

$2,119

Median Rent

$343,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Vacant multi-family parcel approved for residential condo building.

Where is this residential land & home lot located?

The property is located at 13149 Timber Trail Palos Heights, IL.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Approved for a 10‑unit residential condo building.; Last vacant multi‑family parcel in the Laurel Glen Subdivision.; Ready for development.